Retail landlord Resilient Reit has managed to declare an interim dividend for the six months to end-December, unlike many of its peers, thanks to a strong performance from its national tenants, who derive most of their revenue from selling essential goods and services.

Resilient owns a portfolio valued at R24bn, largely comprises retail centres with a minimum of three anchor tenants, and lets predominantly to national retailers such as Shoprite, Pick n Pay and Foschini.     ..

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